Are there indicators that help spot breakouts?

Quote from steve46:

After that, if you have the skills (and you have done your research), you can "see" confirmation via accelerating volume either on a wider than average bar or where the entry and exit are at the extemes of the bar. Also one can simply put a time & sales window on, filter to show >100 contracts, and watch the acceleration first hand. This is the way I was taught to see it, but it takes a while to learn.

Hope this helps
Steve
More...
Overall, an exceptional post Steve.

I've selected the above paragraph to highlight a portion of it. I have found the above listed criteria for correctly determining breakouts to be correct by own research and analysis ... it's good to have confirmation from other traders and to know that we are all observing the same phenomena. I have no doubt the other posters also found this to be true in their research, which is why they commented on the post.

Regards
 
Quote from MandelbrotSet:

Overall, an exceptional post Steve.

I've selected the above paragraph to highlight a portion of it. I have found the above listed criteria for correctly determining breakouts to be correct by own research and analysis ... it's good to have confirmation from other traders and to know that we are all observing the same phenomena. I have no doubt the other posters also found this to be true in their research, which is why they commented on the post.

Regards
More...

Do you know for sure that volume displayed at certain bar is not a volume from the previous bar ? I always had a feeling that volume is delayed. I look at volume just to see how many contracts is on open and then relative to open during the trading session.
 
The indicators only use what the data feed shows. I think most people are infinitely better with candlestick and chart analysis. The indicators will confirm these trends of the candlesticks, and charts.


The Ickmoku analysis combines moving averages, with resistance and support levels. It can be used with other indicators and candlestick analysis.
 
You must log in or register to reply here.
Back
Top